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Frank Levens started Ludwig inc on January 1, 2014 The adjusted trial balance shown below has been prepared for Ludwig Inc as of January 31

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Frank Levens started Ludwig inc on January 1, 2014 The adjusted trial balance shown below has been prepared for Ludwig Inc as of January 31 2014 Use the formation to prepare the income statement and statement of changes in equity for the month ended January 31 along with the January 31 balance sheet Ludwng inc Ad usted Tral Balance January 31, 2014 Debt Credit Income Statement Font End 2014 X Revenues X Canned 93,500 X**Consulting rover camed 117.500 18.000 Accumulated depreciation equipment Accumulated depreciation fumfure Advertising expense Ang payable Commissions and Consulting revence earned Depreciation expense que Depreciation expense furniture Dividends Eugen Furniture Prepaid advertising Property taxes expens Property taxes payable Rent earned Rent expense Rentable Rent receivable Share it Totals 19.000 40.000 28.500 3500 117500 18 000 19 000 17 000 158 500 169 500 33.000 51.000 42,500 108 500 116.500 21000 52 500 134500 583.000 300 Log In Statement of Changes in Equity For Morten Enden 31. 2014 Share Retained To Capital Earnings Equity Balance Sheet January 31, 2014

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